NORGESTION, Mergers Alliance partner in Spain acted as M&A and legal advisor to this transaction whose objective is to support the company in the next stage of growth and consolidate its position as a reference supplier of woven textiles for bedding, home and clothing sector, in Europe and The Americas.
The Spanish private equity Realza Capital has acquired a stake in Entex Textil, a Spanish company with a presence in Spain, Mexico and South America. This family business is dedicated to the design, manufacture and marketing of woven textiles and accessories for bedding, home and clothing. Entex currently has a staff of around 200 employees and will have an approximate turnover of 35 million euros in 2024 and it distributes its business equally among the Spanish market, the European Union and the rest of the World.
In this new stage, Realza, together with the Entex management team, will undertake an ambitious development plan for the company in which sales are expected to double in the next five years thanks to the recent launch of the Peruvian subsidiary and the expansion of its international business. This growth plan will be accompanied by new investments in machinery and the reinforcement of the management team with the objective of maintaining and enhancing high standards of quality, innovation and customer service.
